UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1908C49


Registration ID:
301308

Page Number

390-396

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Title

An overview of modern Techniques of costing

Abstract

Accounting is generally classified in three main branches financial accounting, management Accounting and cost Accounting. financial accounting is a process of recording, classifying, summarizing, analyzing and communicating of financial business transactions while management accounting can be defined as a process of providing financial and non-financial information to managers to make managerial decisions and cost accounting is a form of accounting that determines total cost of organization’s product by involving variable cost of each step of product as well as fixed cost. There are two way of costing one is called traditional techniques and another one is called modern technique of costing. In this paper we will know about modern techniques of costing which are frequently used within last decades. Motive of this paper is to understand modern techniques of costing. paper covers an overview of kaizen costing, target costing, Activity based costing and life cycle costing.

Key Words

Costing, Kaizen costing, Target costing, Activity Based Costing, Life cycle costing

Cite This Article

"An overview of modern Techniques of costing", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.390-396, June-2019, Available :http://www.jetir.org/papers/JETIR1908C49.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"An overview of modern Techniques of costing", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp390-396, June-2019, Available at : http://www.jetir.org/papers/JETIR1908C49.pdf

Publication Details

Published Paper ID: JETIR1908C49
Registration ID: 301308
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier):
Page No: 390-396
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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